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Paytronage (acquired by Lumni)
Information by Research TrustFinance
Paytronage provided a technology platform to manage Income Share Agreements (ISAs), a model where students receive funding for education in exchange for a percentage of their future income. In 2017, it was acquired by Lumni, a global leader and pioneer in human capital financing founded in 2002. Lumni designs, structures, and manages funds that invest in education for diverse student populations, using ISAs to create a sustainable and accessible alternative to traditional student loans. The acquisition integrated Paytronage's technology to enhance Lumni's ability to manage and scale its ISA programs across the Americas.
United States
Industry
Financial